Examlex
What is one disadvantage of the 360-degree appraisal system?
Perfectly Adaptable
Characterizes a scenario or system that is fully capable of adjusting seamlessly to changes or different conditions.
Opportunity Cost
Forgoing potential gains from different options when a specific alternative is selected.
Law Of Increasing
This term seems incomplete. If referring to the "Law of Increasing Costs," it describes how producing more of one good requires increasingly larger sacrifices of other goods.
Production Possibilities Frontier
A graph that represents all the highest production options for two or more products, based on a specific set of resources.
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